My “free shares strategy tells me to wait till a stock goes up 40%, then sell enough of it to get my invested money back. This time I went a little bit out of the strategy and got back my invested money on 3 stocks that were up 30% only:

Ticker

Company

Transaction

date

shares sold

price

NVDA

NVIDIA Corporation

Sell

Sep 4, 2007

19.00

51.85

INTC

Intel Corporation

Sell

Sep 4, 2007

40.00

26.26

CVX

Chevron Corporation

Sell

Sep 4, 2007

12.00

88.44

I went out of my strategy because I don’t like how Wall Street looks. (more…)

We proletarian investors do not have chances to get first hand information about stocks, but we can read numbers. When I see lovely bargain numbers in a healthy company that I understand well like Chevron I buy.

CVS has P/E: 9.06, forward P/E: 8.37.

Now compare it to XOM: P/E:10.86 forward P/E:10.90. CVX is much cheaper and also expected to grow. CVS has also better P/E ratios than TOT.(more…)

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In today's global capitalistic society, proletarians can count more by investing the few dollars they have in the right stock, than voting. The single vote counts less than a single dollar. Marx's "property of productive means" by proletarians can nowadays happen only trough smart investments